Why does The Economist hate wealth taxes?
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The intelligentsia are going all-in against wealth taxes. Are they just trying to mislead us, or do they have valid criticisms?
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CHAPTERS
(00:00) Intro
(00:55) Are we a meritocracy or an inheritocracy?
(06:53) Inheritance tax vs wealth tax
(12:27) Would it deter innovation?
(18:52) Taxing the most productive people
(21:07) The Economist’s integrity
(22:21) What our intellectual elites think
(25:40) Confused or misleading?
(27:30) They are trying to distract you
(28:42) Why journalists bat for billionaires
(30:26) If you have less than £10m listen to this
(34:47) Wealth taxes are NOT far-left
(36:56) We need the intellectual classes
(38:45) They are scared we’re going to WIN
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